Message from Director

Message from Director

The banking industry is passing through challenging times, whose impacts are being witnessed in the growth and profitability performances of the banks. The Government of India has recently announced recapitalization of the public sector banks. Notwithstanding these challenges, the industry has to continuously upgrade itself and enhance its capacity in order to address to bigger uncertainties and disruptions, which may emerge in the future.

The Reserve Bank of India in their letter DBR.No.BP.BC. 4/21.03.009/2016-17 dated August 11, 2016 on Capacity Building in Banks and AIFIs, had stressed on the need for Certification Programmes to improve the skills and competencies of officials of banks in India working in four areas viz., Credit Management, Risk Management, Treasury Management and Accounts and Audit. An expert committee under the IBA shortlisted certain institutions and organizations for offering the above certification courses. NIBM is one of the training institutions in the field of Banking and Financial Services identified for delivering these certification courses.

I am glad to inform that NIBM has launched the certification courses, in the hands of Dr Viral Acharya, Deputy Governor, RBI, in all the four areas in a ceremony held on Saturday, September 30, 2017.

The courses have been designed to be blended with a mix of on-line learning and class room learning. The on-line component which is based on the open source platform Moodle will enable the participants study at their own pace. The class room learning towards the end of the course will be case based and attempt to clarify the concepts in more practical manner. Candidates will be tested for their understanding of the subject both in the on-line module and class room learning.

I request banks to nominate and also encourage their officials to apply for the courses. Further, we invite bulk nominations from banks and look forward to deliver these courses on a customised manner.